| Mar 13, 2013 | Economy / BusinessIn America today, The New York Times reports, we’re living in “a golden age” — for corporate profits. These earnings have been soaring at a 20 percent annual clip. In fact, to find a year when corporations were grabbing as great a share of...
| Mar 6, 2013 | Economy / BusinessA dozen years ago, Brazil ranked as the world’s most unequal major nation. Brazil’s most affluent 10 percent were grabbing nearly 50 times more income, on average, than Brazil’s poorest tenth, over double the U.S. gap. Amid this intense inequality,...
| Feb 27, 2013 | Economy / BusinessJust over a year ago, the Costa Concordia, a Carnival Cruise ocean liner, ran aground on an Italian reef. Thirty-two died. “We expect to fully recover from the ship incident,” the subsequent Carnival annual report told shareholders. Earlier this month,...
| | Rights / DemocracyHaving an African-American president is convenient. It boosts U.S. credibility in the Global South and makes us look like we’re making progress toward wiping out racism when we’re not. But it will take more than President Barack Obama’s tenure to...
| Feb 20, 2013 | Economy / BusinessOur political vocabulary is changing all the time. Words that loom large in one generation’s national public discourse can almost totally disappear in the next. Take the word “segregation.” A half-century ago, newspapers headlined “segregation” on almost a daily...